News By Edition

Commercial real estate services firm JLL reached out to Valuation Review to share some key findings from its recently released JLL Seniors Housing & Care – Investor Survey and Trends Outlook.

The results, in particular valuations on seniors housing, were very enlightening.

Read on to find out more.

In today’s uptick market, appraisers face a variety of challenges stemming from client expectations and from regulatory agencies.

These challenges include myriad revision requests attributed to the slightest of details that go overlooked to answering inquiries or complaints from state regulators, GSEs, Investors and Mortgage Insurers, just to name a few.

Director of Product Management Jeremy Staudenmaier, from ACI-a First American company, shared a few tips with Valuation Review to pass along to appraisers.

Class Valuation has acquired South Carolina-based appraisal management company (AMC) SouthEastern Evaluation (SEE), the company announced.

Class Valuation is a technology-enabled AMC focused on providing regulatory-compliant appraisals to the nation’s largest mortgage lenders and originators.

Read on for more details.

Recently, Valuation Review introduced readers to a special training/skills program for veterans looking to get into the appraisal profession.

Clear Capital/Clario Senior Director Jeff Peters shared with us more information about this program.

Read on to find out what Peters shared with us.

Valuation Review’s monthly installment from Dustin Harris, “The Appraiser Coach,” dives into the subject of time. 

Harris shares from his blog “How to Determine Time Adjustments” many points relating to time management, and how appraisers can best use those minutes.

Read on to learn more.

A proposed national infrastructure plan may give more hope to Americans who have been denied access to affordable housing due to limited supply.

BBG Senior Managing Director/Affordable Multifamily Practice Leader Mary Ann Barnett told Valuation Review some of the details of the plan, and how it can help homeowners moving forward.

Read on to learn more.

Acting Comptroller of the Currency’s Michael Hsu told attendees at a Consumer Financial Protection Bureau roundtable that banks are being held accountable for bias when they rely on housing appraisals that are discriminatory. Read on for more of Hsu’s comments.

A federal Georgia grand jury recently returned an indictment charging an Atlanta certified public accountant.

The charges reflected one count of conspiracy to defraud the United States; 24 counts of wire fraud; 32 counts of aiding or assisting in the preparation of false federal tax returns; and five counts of filing false federal tax returns relating to a wide-ranging, abusive tax shelter scheme.

Read on for full details.

With coastal states like Florida, North Carolina and Maine among the most popular places to which people relocated last year, the personal-finance website WalletHub released its report on “2021’s Best Beach Towns to Live in.” The site compared 191 cities across 62 key metrics.

CoreLogic released its Home Price Index and HPI Forecast for April 2021.

Sparse inventory and high demand placed upward pressure on home prices, creating challenges across generations as buyer preferences shift, the reports said.

Read on to learn more.

Twenty-seven percent of people who moved last year cited being closer to family as the main reason, according to the personal-finance website WalletHub, which released its report on “2021’s Best & Worst Places to Raise a Family.” Read on to find out these locations.

The sale of and demand for vacation homes skyrocketed during the COVID-19 pandemic, according to a new study from the National Association of Realtors. Read on for more numbers.

CoreLogic’s monthly Loan Performance Insights Report for March 2021showed 4.9 percent of mortgages in the U.S. were in some stage of delinquency (30 days or more past due.

The numbers included those in foreclosure, representing a 1.3 percent increase in overall delinquency rate compared to March 2020.

Read on for more of the report.

SLK Global Solutions said achieved good results with Copasys, an enterprise-wide platform for quality control (QC) and regulatory compliance. Read on to find out more.

ATTOM announced the launch of ATTOM Cloud, a cloud-based platform that provides access to curated property data. This allows customers to focus more time on extracting value from property data and less on complex data management processes.

Commercial real estate services firm JLL offered more insight to Valuation Review from its recently released JLL Seniors Housing & Care – Investor Survey and Trends Outlook.

COVID-19 vaccine availability will have a definitive impact on the status of the market, JLL revealed.

Read on for more of our conversation with the commercial firm team.

Ribbon said it reached a milestone of more than $650 million a month in RibbonCash Offers on its platform. Additionally, north of $600 million a month in buying power for fully approved cash buyers was addressed.

Nationwide Property & Appraisal Services, LLC, a portfolio company of Corridor Capital, completed its acquisition of First Choice Appraisal Management, Inc. (FCAM).

The transaction was also in partnership with FCAM founder Jeff Richards and CEO Jim Baumberger, Corridor Capital announced in a release.

Read on for more terms of this acquisition.

For the third consecutive quarter, an increased share of mortgage lenders are expecting profit margins to retreat further from last year's highs, according to Fannie Mae's 2021 Mortgage Lender Sentiment Survey. Read on to learn more.

Rhinebeck Bank has expanded its presence with a new commercial lending office in the Albany market, the company announced in a release. Read on to learn more.

Homes listed on a Thursday typically go pending faster than any other day of the week, according to a new Zillow analysis. Read on for more numbers from Zillow.